When people think of starting a new business or organization, they often choose from a very narrow set of options: a corporation with investors, a nonprofit with a board of directors, and so on. But there is a much wider range of possibilities to choose from, as CUNY sociologist Katherine K. Chen and I explore in our new book Organizational Imaginaries: Tempering Capitalism and Tending to Communities through Cooperatives and Collectivist Democracy, just released by Emerald Publishing.

At one...